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iRobot
Joined: 17 Nov 2011
Posts: 790
Location: Mesa, AZ
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 Posted: Thu Feb 07, 2013 7:03 pm Post subject: Some cut/restructure names being tossed around.. |
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So I was looking at #'s on Spotrac.com in regards to 2013 Cap #'s and picked a few of the high cap # guys that are in the rounds of discussion..
Note: I am not a cap expert by any means. The ins and outs are contracts can sometimes be deceiving it seems so I tried to play it somewhat safe here and account for the guaranteed money due to players and the accelerated portion of signing bonus that would hit the cap.
Also, my Levi Brown numbers are likely off by a few hundred thousand.. that's an old chart I did a few days ago.
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DirtyDez
Joined: 15 Oct 2010
Posts: 16041
Location: the Arizona desert
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| Posted: Thu Feb 07, 2013 7:28 pm Post subject: |
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So basically we'd be paying a combined 8M for Colledge & Snyder to go away? Even it benefits our cap for the 2014' season that's still a tough pill to swallow since we're already over the limit and we'd still have to replace those two. The #7 pick last year had a 1st year salary of 2.6m (Mark Barron)...
So we're 3m over right now, cutting Colledge/Snyder puts us 10m over this year, cutting Bradley/King/Doucet adds 5m to our cap this year. So we're nearly 15m over for this season with less 40 roster spots filled?
I do not think we'll see a mass exodus like some think (unless the +3m over is false)...
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mike23md |
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iRobot
Joined: 17 Nov 2011
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Location: Mesa, AZ
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| Posted: Thu Feb 07, 2013 7:30 pm Post subject: |
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| DirtyDez wrote: | So basically we'd be paying a combined 8M for Colledge & Snyder to away? Even it benefits our cap for the 2014' season that's still a tough pill to swallow since we're already over the limit and we'd still have to replace those two. The #7 pick last year had a 1st year salary of 2.6m (Mark Barron)...
So we're 3m over right now, cutting Colledge/Snyder puts us 10m over this year, cutting Bradley/King/Doucet adds 5m to our cap this year. So we're nearly 15m over for this season with less 40 roster spots filled?
I do not think we'll see a mass exodus like some think (unless the +3m over is false)... |
IMO, (depending how accurate I was with calculations) the real savings is in future years against the cap. Problem is, you have to fill those roster spots with someone and if they are rookies, you run the risk of missing on a pick and getting worse at the position.
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stchamp98
Joined: 11 Apr 2005
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Location: Havre, Montana
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| Posted: Thu Feb 07, 2013 7:31 pm Post subject: |
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| Cutting Snydedge does not hit us for 8 million cap dollars. |
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iRobot
Joined: 17 Nov 2011
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Location: Mesa, AZ
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| Posted: Thu Feb 07, 2013 7:35 pm Post subject: |
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| stchamp98 wrote: | | Cutting Snydedge does not hit us for 8 million cap dollars. |
Would appear to be $7.5M counted toward the cap unless you know something cap related that I might of missed.
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DirtyDez
Joined: 15 Oct 2010
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Location: the Arizona desert
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| Posted: Thu Feb 07, 2013 7:41 pm Post subject: |
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| stchamp98 wrote: | | Cutting Snydedge does not hit us for 8 million cap dollars. |
Well my number isn't accurate cause I added their cap hit (if cut) on top of their original cap hit owed should they stay on the team. Technically we'd pay Snyledge 7.5m to go away and 12m to stay.
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mike23md |
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stchamp98
Joined: 11 Apr 2005
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Location: Havre, Montana
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| Posted: Thu Feb 07, 2013 7:52 pm Post subject: |
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| If you show me your math, I'll tell you where you both went wrong. |
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iRobot
Joined: 17 Nov 2011
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Location: Mesa, AZ
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| Posted: Thu Feb 07, 2013 7:59 pm Post subject: |
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| stchamp98 wrote: | | If you show me your math, I'll tell you where you both went wrong. |
Okay, so to get the $4.5M figure, you account for the 2013-2015 signing bonus, which amounts to $4.5M for Colledge. I saw that in 2011, the new CBA called for workout bonuses to be paid at 50% if over 100k, but I don't know if that was for 2011 only or if it's for the CBA in it's entirety.
For Snyder, to get the $3M figure, you account for the accelerated signing bonus from 2013-2016, which is $4M (my image is wrong btw, probably because I left a cell out in the calc function). There is essentially NO immediate savings for cutting Snyder.
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khodder
Joined: 19 Dec 2005
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Location: New New York
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| Posted: Thu Feb 07, 2013 8:20 pm Post subject: |
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| iRobot wrote: | | stchamp98 wrote: | | If you show me your math, I'll tell you where you both went wrong. |
Okay, so to get the $4.5M figure, you account for the 2013-2015 signing bonus, which amounts to $4.5M for Colledge. I saw that in 2011, the new CBA called for workout bonuses to be paid at 50% if over 100k, but I don't know if that was for 2011 only or if it's for the CBA in it's entirety.
For Snyder, to get the $3M figure, you account for the accelerated signing bonus from 2013-2016, which is $4M (my image is wrong btw, probably because I left a cell out in the calc function). There is essentially NO immediate savings for cutting Snyder. |
Those three years of 975,000 proration in the Misc bonus alos need to hit the cap (Maybe not all of it, but somethin around the number, because that was salary prorated into bonus during last offseason.
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stchamp98
Joined: 11 Apr 2005
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Location: Havre, Montana
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| Posted: Thu Feb 07, 2013 8:23 pm Post subject: |
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| We might be talking two different things, I'm sure we are actually. You're talking total monies, I'm talking additional cap hit. |
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cards czar
Joined: 27 Jan 2006
Posts: 150
Location: Alton, Ill
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| Posted: Thu Feb 07, 2013 10:29 pm Post subject: |
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| khodder wrote: | | iRobot wrote: | | stchamp98 wrote: | | If you show me your math, I'll tell you where you both went wrong. |
Okay, so to get the $4.5M figure, you account for the 2013-2015 signing bonus, which amounts to $4.5M for Colledge. I saw that in 2011, the new CBA called for workout bonuses to be paid at 50% if over 100k, but I don't know if that was for 2011 only or if it's for the CBA in it's entirety.
For Snyder, to get the $3M figure, you account for the accelerated signing bonus from 2013-2016, which is $4M (my image is wrong btw, probably because I left a cell out in the calc function). There is essentially NO immediate savings for cutting Snyder. |
Those three years of 975,000 proration in the Misc bonus alos need to hit the cap (Maybe not all of it, but somethin around the number, because that was salary prorated into bonus during last offseason. |
You are correct. We will take a cap hit around 1.1 M on Synder. Also with the new CBA I thinks its like 50% of the workout bonus's are counted against the cap if let go. Not 100% sure it that's what I am hearing. |
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DirtyDez
Joined: 15 Oct 2010
Posts: 16041
Location: the Arizona desert
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| Posted: Thu Feb 07, 2013 10:40 pm Post subject: |
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| cards czar wrote: | | You are correct. We will take a cap hit around 1.1 M on Synder. Also with the new CBA I thinks its like 50% of the workout bonus's are counted against the cap if let go. Not 100% sure it that's what I am hearing. |
Only 1M? He's a goner then. 
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mike23md |
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khodder
Joined: 19 Dec 2005
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Location: New New York
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| Posted: Thu Feb 07, 2013 11:22 pm Post subject: |
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| DirtyDez wrote: | | cards czar wrote: | | You are correct. We will take a cap hit around 1.1 M on Synder. Also with the new CBA I thinks its like 50% of the workout bonus's are counted against the cap if let go. Not 100% sure it that's what I am hearing. |
Only 1M? He's a goner then. |
He hits at least 4M. Could be more, but not less. Still has 4M of his signing bonus to hit the cap.
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DirtyDez
Joined: 15 Oct 2010
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Location: the Arizona desert
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| Posted: Thu Feb 07, 2013 11:41 pm Post subject: |
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| khodder wrote: | | DirtyDez wrote: | | cards czar wrote: | | You are correct. We will take a cap hit around 1.1 M on Synder. Also with the new CBA I thinks its like 50% of the workout bonus's are counted against the cap if let go. Not 100% sure it that's what I am hearing. |
Only 1M? He's a goner then. |
He hits at least 4M. Could be more, but not less. Still has 4M of his signing bonus to hit the cap. |
That's what I thought initially before cards czar's reply...
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mike23md |
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DJ_Fka
Joined: 13 Jan 2009
Posts: 5925
Location: Brisvegas, Land Down Under
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| Posted: Fri Feb 08, 2013 2:30 am Post subject: |
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It is rest of signing bonus and then some bonus that count
Workouts count if already paid I thought, if not achieved, then they are not counted
I am too lazy to read the CBA again to find out
Base salary counts if guaranteed only |
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